Deutsche Bank Aims to Implement 50 Ideas from New Innovation Labs in First Year

The German bank has big goals for the three labs its opening this year, which will be based in London, Berlin and Palo Alto, Calif.

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Deutsche Bank has plans to open three innovation labs.

Deutsche Bank has set a benchmark of implementing technology from 50 of the startups it finds through its three new innovation labs over the next year, a person familiar with the labs tells Sell-Side Technology.

In June the German bank announced it was opening innovation labs, a first for the firm, in Berlin, London and Palo Alto, Calif., that will be operational by the beginning of Q4 2015. Microsoft (Berlin), HCL (London) and IBM (Palo Alto, Calif.) will serve as technology partners for each

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